🔡🔡🔡🔡 American core PCE: 0.2% m/m

- Forecast: 0.3%.

- Before: 0.3%

The US core personal consumption expenditures (PCE) index is an important index that tracks the fluctuations in prices of goods and services, excluding food and energy. This index is lower than forecast, it can have a positive impact on the financial market in general and Crypto in particular!

➡️We see, when core PCE is lower than forecast, it signals that inflationary pressures are weakening. This may make the old Fed guys think again. It is possible that interest rates will not be raised anymore, or even reduced, to promote economic growth.

➡️Long talk, bad talk, hold your pants together, the core PCE index is lower than forecast, it can be a good sign for the market. Why? Because it increases expectations that the Fed will loosen monetary policy and inject more liquidity. But this also depends on other factors such as the general psychology of the crowd and developments in other macroeconomic factors.#binance #btc #bnb #StartInvestingInCrypto $BTC